Apricot, Inc is considering developing a new app for it’s A-phone Z. The app would cost $310,000 to develop and is expected to produce cash flows of $80,000 per year for the first three years, then $60,000, $50,000, and $40,000 each of the last three years respectively. If their required return is 18%, what is the NPV of the new app?

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Answer rating: 100% (QA)

Certainly To calculate the Net Present Value NPV of the new app for Apricot Inc we can follow these ... View the full answer